Around New England

Gas Prices Rising In Massachusetts

March 19, 2024

Gasoline prices are going up because more people are buying it, there’s less of it stored up, and there are conflicts in some places where it’s drilled.

The price of oil is now more than $80 for one barrel, and it might go even higher. 

In Massachusetts, the price for one gallon of gas went up by six cents in the past week. Now, it’s $3.25 for one gallon. A month ago, it was $3.19, and last year, it was $3.28. But in Massachusetts, gas is still cheaper than the national average by 21 cents.

“As oil prices rise, gasoline demand is back to pre-pandemic levels, which means higher prices as inventories tighten,” said Mark Schieldrop, senior spokesman for AAA Northeast, in a press release from the organization. “Northeast pump prices have remained below the national average all winter thanks to ample regional supplies compared to the rest of the country, but the gap has narrowed in recent weeks.”

Across the whole country, the average price for one gallon of gas is $3.46. That’s seven cents more per gallon than last week and 19 cents more per gallon than a month ago. Last year, it was $3.44 at this time.

 

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